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20121222
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
will play a strong role at shaping foreign policy. she also named yun as her spokesperson. yun is vice president of the newspaper and television association. he studied at tokyo's ko university. park is said to set up her administration this week. >>> russian president vladimir putin spends christmas eve in india, and he sees the chance to sign billions of dollars worth in trade and defense deals. putin met indian prime minister singh in new delhi. they agreed on a deal for india to purchase components of fighter jets to assemble. they also agreed to set up a $2 billion fund to set up joint trade and economic projects. they decided to add two nuclear reactors to southern india. but they reportedly failed to agree on terms of compensation in the event of an accident. >>> wrestling fans turned out >>> some people will line up for the smell of baked goods. developers are offering them a machine that can replicate the handy work. >> reporter: japanese consumers loved stuffed bred especially sweet read bean buns. this factory churns out 1300 buns day. breds like these are usually made by ha
are enriching uranium at a new facility. >>> the defense and foreign policy files are just two in a stack that will be on park's desk when she takes over as president. many south koreans want her to rein in the country's conglomerates. these big business blocks have helped fuel the economy but they've also been suffocating small and medium sized companies. our reporter has the story. >> reporter: this man loves serving up bread and other goods to customers who visit his small bakery. he says his products are tasty and affordable. but the business he bought a year ago is facing an uncertain future. >> translator: we are all in a life or death situation. >> reporter: south korea used to have 18,000 small independent bakeries. but by the beginning of this year, only about 4,000 were still open. the pressure has come from big business, conglomerates have opened their own bakeries. you can see behind me a trendy european-style bakery. it's tasty bread and pastries are popular. the bakery and its affiliates have more than 100 locations around the country. now other giant corporations have gotte
japan's foreign policy. >> translator: we should rebuild our diplomacy to protect our national interests. we are facing many challenges in our relations with china, south can korea and even the united states on which japan's security is based. strengthening u.s./japan alliance is the first step towards rebuilding japan's diplomacy and security. >> abe promised his government would take the lead in rebuilding northeastern japan. he will achieve results as soon as possible to regain the trust of the japanese people. he said his cabinet is designed to overcome crisis. he was elected as prime minister, a post he held before between 2006 and 2007. he's the first politician in 64 years to return to the position after resigning. abe filled the cabinet with familiar faces and new ones. he appointed suga as chief cabinet secretary. that makes him the head government spokesperson. aso is his deputy. he will serve as finance minister and financial services minister. the new foreign minister is fumio kishida. he served in the previous cabinet. onodera is defense minister. he's well versed in dip ro
. investors are selling yen on the tokyo foreign exchange on speculation policy makers at the bank of japan will agree to an inflation target proposed by the incoming administration. the new prime minister shinzo abe will take up office later in the day. analysts say the b.o.j. will likely further boost its monetary easing measures. the dollar is currently trading at 85.26-31 yen. ai uchida joins us now from the business desk for more on that. so ai, investors have been trading the dollar-yen quite dramatically over the last several weeks. >> that's right, catherine. just a month and a half ago that pair was trading in the mid 79-yen range. almost six whole yen weaker in just six weeks. a dramatic move indeed. so going forward, what can we expect? well, we spoke to disaburo nezo for his outlook. he is a senior executive fellow at fujitsu research institute. >> the yen's future is not so much the weakening but rather i think there would be some counterbalance. that is, already yen current rate, 85 yen per one dollar, is rather reasonable level. i think the japanese exporters have been worryi
Search Results 0 to 6 of about 7 (some duplicates have been removed)